Freddie Mac, officially the Federal Home Loan Mortgage Corporation (FHLMC), is a U.S. government-sponsored enterprise (GSE) that plays a vital role in the nation's housing finance system. It buys mortgages from lenders, pools them into mortgage-backed securities (MBS), and sells them to investors, ensuring a steady flow of funds for new home loans. Despite being under government conservatorship since 2008, Freddie Mac remains a critical component of the secondary mortgage market.
Sources
Latest News
Enjoying Forcapedia?
Free account — unlimited articles, reading history, Study Together.